Ashmore Group (ASHM)

Sell: 180.00p

Buy: 198.40p

Change: 2.30p | 1.21%

Last updated 16:35 03/05/24. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term:

Bearish
Medium term:

Neutral
Long term:

Bearish

Short term comment

The technical structure can be described as bearish very pressured by the 207.312 area and increasing the risk of overbought and setbacks I would have to overcome 207.312 to propose the change to a more neutral scenario

Long term comment

Between june and december 2023 a bearish phase took place and moved the price from 255.268 to 147.840. This phase was corrected by a significative upward reaction that returned the price to 228.847 levels on the 4th of march. After this, the current fall from 228.847 to 169.100 has not reached the previous lows in 147.840, an area of important support.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3	Support 2	Support 1	Resistance 1	Resistance 2	Resistance 3
179.7330	183.1330	184.9670	188.3670	189.9330	193.3330

Alerts

Alerts
Priority	Date	Warning
Medium priority	24/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	24/04/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	23/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	23/04/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	22/04/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	22/04/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	19/04/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	19/04/2024	Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
Medium priority	18/04/2024	The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.
Medium priority	18/04/2024	Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
Medium priority	18/04/2024	The RSI7 indicates short term oversold, which may reflect, renewed upward short-term recovering.

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